VAT and Golf Clubs2010 - Changes in Rules Governing submission of VAT ReturnsGolf Clubs with a turnover greater than £100,000 must begin to submit VAT returns and payments online for any accounting period commencing on or after 1 April 2010. For further details see the "VAT returns online submission" document in Related Documents. VAT can be an awkward and complex area for Golf Clubs. Many Clubs report they have difficulty in ensuring the VAT Returns (including the Partial Exemption Annual Adjustment) are accurate. In addition, there have been a number of occasions recently where clubs may have had cause to investigate potential claims on overpaid VAT. We have met with Gary Moore of VAT Services and although the SGU and SLGA do not endorse the services of VAT Services, clubs may find Gary’s expertise of value, both in terms of ongoing VAT advice and also on any potential claims. Click here for a letter issued in connection with possible claims for further repayment of VAT from members subscriptions and here for an update. Click here for a letter issued in connection with possible claims for repayment of VAT from Visitor Green Fees and here for an update. Gary can be contacted on 0141 636 9353 or alternatively his email address is gmoore@vat-services.co.uk. Related Documents |
|